3 ms·
Index funds are pegged to a lot of activities that look like gambling, but the risks are somewhat hedged by a limited kind of diversification. It’s like betting
by nihonde 9y ago
Index funds are pegged to a lot of activities that look like gambling, but the risks are somewhat hedged by a limited kind of diversification. It’s like betting every blackjack hand in the house at once (setting aside the house’s favorable odds).
- deleted 9y ago[deleted]
- greglindahl 9y agoHuh? If I have an S&P 500 Index fund, how is that an activity that looks like gambling, or has a limited kind of diversification? It's narrow index funds that are gambling. Not all index funds.